royal bank
RBC cites low oil prices in lowering GDP forecast to 1.7%
Growth rooted by solid consumer spending, stronger exports and stimulus from the federal government.
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The pros and cons of the Bank of Canada’s interest rate cut
Cheaper access could come at a much higher cost down the road.
Manufacturing sector rebounds in June to highest level this year: RBC report
Numbers are in line with an improvement in economic growth to about a 2% pace during Q2.
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Sluggish auto recovery has little to do with recession aftermath, report says
Shipments are still 15% below pre-recession and the sector has recovered only 8,300 of the 43,400 jobs lost between 2007 and 2009.
Pace of manufacturing growth slows: RBC
January RBC PMI reading was 51.7 on a seasonally adjusted basis, down from 53.5 in December.
Nov. manufacturing output grows at fastest pace since 2011: RBC PMI
Output increase buoyed by rise in new order volumes, job creation and subdued input price inflation.
Manufacturing expansion continues in August
Continued increases suggest that recent shocks to the economy have been mitigated by strength elsewhere.
RBC buys natural gas supplier Athena Energy
Athena consists of two sister companies that supply natural gas to commercial clients in Quebec.
Slower growth, power shift to the West
Canadians are becoming more pessimistic about the economy and gains in living standards will slow as economic power shifts from east to west in the next decade.
